Quiksilver, Inc. Announces Two-for-One Stock Split

    Business Editors

    HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--March 24, 2005--Quiksilver, Inc. (NYSE:ZQK) today announced that the Board of Directors has approved a two-for-one stock split of the Company's common shares, subject to stockholder approval of the amendment of the Company's Certificate of Incorporation, which is expected at today's Annual Meeting of Stockholders.
    The split will be effected by issuing one additional share of common stock for every share of common stock held. The additional shares will be distributed on May 11, 2005, to holders of record at the close of business on April 27, 2005.
    Robert B. McKnight, Jr., Chairman and Chief Executive Officer of Quiksilver, Inc., stated, "We believe the Board's decision underscores our strong track record of growth and reflects our confidence in the potential of our business. Furthermore, by increasing the number of shares we expect to improve the liquidity of our common stock and place the market price in a more attractive range for investors."

    About Quiksilver:

    Quiksilver designs, produces and distributes clothing, accessories and related products for young-minded people and develops brands that represent a casual lifestyle-driven from a boardriding heritage. Quiksilver's authenticity is evident in its innovative products, events and retail environments across the globe.
    Quiksilver's primary focus is apparel, footwear and related accessories for young men and young women under the Quiksilver, Roxy, DC Shoes, Raisins, Radio Fiji and Island Soul labels. Quiksilver also manufactures apparel, footwear and related accessories for boys (Quiksilver Boys and Hawk Clothing), girls (Roxy Girl, Teenie Wahine and Raisins Girls), men (Quiksilveredition and Fidra) and women (Leilani swimwear), as well as snowboards, snowboard boots and bindings under the Lib Technologies, Gnu, DC Shoes, Roxy and Bent Metal labels. Quiksilver's products are sold throughout the world, primarily in surf shops, skate shops and other specialty stores that provide an authentic retail experience for our customers.

    Safe Harbor Language

    This Press Release contains forward-looking statements. These forward-looking statements are subject to risks and uncertainties, and actual results may differ materially. Please refer to Quiksilver's SEC filings for more information on the risk factors that could cause actual results to differ materially from expectations, specifically the section titled "Forward Looking Statements" in Quiksilver's Annual Report on Form 10-K.

    NOTE: For further information about Quiksilver, Inc., you are invited to take a look at our world at http://www.quiksilver.com, http://www.roxy.com, http://www.dcshoecousa.com, http://www.fidragolf.com, http://www.quiksilveredition.com and http://www.hawkclothing.com

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CONTACT: Quiksilver, Inc. Robert B. McKnight, Jr. Steven L. Brink 714-889-2200 or Investor Relations: Integrated Corporate Relations James Palczynski Chad A. Jacobs 203-222-9013

KEYWORD: CALIFORNIA INDUSTRY KEYWORD: APPAREL/TEXTILES RETAIL SOURCE: Quiksilver, Inc.

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